GSLC vs PBUS overlap - what they share and where they differ

GSLC and PBUS share 73.9% of their weight across 390 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

GSLC and PBUS

73.9%

390 shared positions

GSLC

Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF

Reported positions cover 100% of the fund, 433 positions · May 31, 2026

Top 10: 37.3%·Holdings of GSLC

PBUS

Invesco MSCI USA ETF

Reported positions cover 99% of the fund, 533 positions · May 31, 2026

Top 10: 39.6%·Holdings of PBUS

Reported positions cover GSLC 100%, PBUS 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

PBUS vs GSLC side by side

GSLCGoldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF

433

stock positions reported to the SEC

5.7% of its weight is in 43 names PBUS does not hold

PBUSInvesco MSCI USA ETF

533

stock positions reported to the SEC

9.3% of its weight is in 143 names GSLC does not hold

Where each fund's weight sits

GSLC
PBUS
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
48.1%
49.4%
Consumer Cyclical
11.9%
10.2%
Financial Services
9.9%
9.3%
Healthcare
9.1%
8.6%
Industrials
4.4%
3.8%

The widest gap is Consumer Cyclical: GSLC has 1.7 points more of it.

The figures side by side

GSLCPBUS
Filing dateMay 31, 2026May 31, 2026
Stock positions reported433533
Weight of the ten largest37.3%39.6%
Largest positionNVDA 7.9%NVDA 7.8%
Held alone43 positions, 5.7%143 positions, 9.3%
Covered by stock positions100%99%

Holdings they share

StockIn GSLCIn PBUSCounted
NVDANVIDIA CORP7.87%7.77%7.77%
AAPLAPPLE INC7.00%6.94%6.94%
GOOGLALPHABET INC5.20%6.12%5.20%
MSFTMICROSOFT CORP4.87%4.81%4.81%
AMZNAMAZON.COM INC3.78%3.94%3.78%
AVGOBROADCOM INC2.84%3.05%2.84%
METAMETA PLATFORMS INC2.14%2.09%2.09%
TSLATESLA INC1.28%1.86%1.28%
LLYELI LILLY & COMPANY1.17%1.34%1.17%
MUMICRON TECHNOLOGY INC1.10%1.65%1.10%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in GSLC

JPMJP MORGAN CHASE & COMPANY1.10%
EXXON MOBIL CORP0.62%
TJXTJX COMPANIES INC (THE)0.44%
GEGE AEROSPACE0.30%
SNDKSANDISK CORP0.27%
LOWLOWE'S COMPANIES INC0.24%
RLRALPH LAUREN CORP0.20%
ELESTEE LAUDER COMPANIES INC (THE)0.19%
USFDUS FOODS HOLDING CORP0.19%
WABWESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP0.19%

Only in PBUS

JPMORGAN CHASE & CO.1.23%
EXXON MOBIL CORP.0.93%
GENERAL ELECTRIC CO.0.52%
GSGoldman Sachs Group, Inc. (The)0.47%
TJX COS., INC. (THE)0.26%
EATON CORP. PLC0.24%
SPGIS&P Global Inc.0.20%
LOWE'S COS., INC.0.18%
SBUXStarbucks Corp.0.17%
AMTAmerican Tower Corp.0.13%

Questions people ask

Is GSLC the same as PBUS?

73.9% of their weight sits in the same 390 holdings. GSLC also reports JPM, EXXON MOBIL CORP, TJX, which the other does not. PBUS also reports JPMORGAN CHASE & CO., EXXON MOBIL CORP., GENERAL ELECTRIC CO., which the other does not.

How is the overlap between GSLC and PBUS measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of GSLC and 99% of PBUS, so the number cannot exceed the smaller coverage.

Which holds more, PBUS or GSLC?

GSLC reports 433 stock positions and PBUS reports 533. 5.7% of GSLC's weight sits in names PBUS does not hold, and 9.3% of PBUS's weight in names GSLC does not hold. The ten largest positions are 37.3% of GSLC and 39.6% of PBUS.

How do GSLC and PBUS differ by sector?

The widest gap is Consumer Cyclical: GSLC has 1.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

PBUS against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.